Internship Report Example

Internship Report Example
1) Branch of the Quarter– Q2,2017 2) Successful to on– board 8 business customers with deposits
over $3 MM. 3) Exceeded all individual threshold in 3 out of 4 quarters. Already exceeded new
money and C +2 goal in Q 4. 4) Able to win multiple cash management deals after following up for
a long time. 5 Community involvement and recognition. Part of NBA and NNCC merger team
facilitating the transiting to the Needham Business Alliance (NBA) 6) Investment Sale As a manager
I wear multiple hats and I am responsible for the overall success of my branch and staff
development. I take full accountability of my actions and activities in my branch. In February of this
year, one of my bankers made a mistake did not properly follow wire transfer ... Show more content
on Helpwriting.net ...
So far they have opened 9 Commercial accounts which resulted deposits over $5 MM. I also worked
together with my financial planner which resulted the sale of $900,000 in September. I always keep
an open mind and open to changes. Throughout the year, we have gone through many changes and I
have adapted to it. Opening some business accounts and completing the new Certificate of Authority
has been a challenge for me and my new team due to the complexities involved in the paperwork. I
worked closely with my new team by explaining the importance of proper documentation to avoid
any bank loss. I can see that we are adapting to the requirements of our verification department and
opening more of these accounts with fewer errors. 2017 has been a mixed year for Needham Heights
branch with some recognitions, challenges, staff turnover and opportunities. We were recognized as
top branch of the quarter based on our score card in Q 2 and achieved all our sales goals in all 3
quarters. I did the regular coaching or training with my staff throughout the year to enhance their
product knowledge and leadership skills to make them more confident and successful when dealing
with our consumers. This resulted in increased home equity applications and cash management
referrals
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Questions and Problem Set 5 Essay
Quinnipiac University
School of Business
FIN350 Global Financial Markets & Institutions
Questions & Problems Set 5
Spring 2013
1. Explain why commercial banks are regulated and describe the major pieces of legislation enacted
to prevent bank failures.
Financial institutions are regulated because they provide products and services that the economy
needs to function efficiently. Also they function in an environment where there is a great deal of
asymmetric information, so they help in the screening process. Another reason why banks are
regulated is to limit predatory lending practices, for example charging excessively high interest rates
or imposing unreasonable conditions and penalties. A final reason why financial ... Show more
content on Helpwriting.net ...
The greater proportion of capital to total funds, the greater the protection to depositors. Banks
maintain much lower capital levels than other businesses; currently bank capital accounts for 10% of
total funds. Bankers prefer to use high amounts of leverage because they understand the role of
leverage in increasing ROE. Banks believe that long term profit maximization can be best achieved
if their banks are highly leveraged. Regulators are more concerned about the risk of bank failure,
rather than the profits of the individual banks; their concern is protecting the economy from
widespread bank distress.
4. What are the major benefits to banks of securitization?
There are many different benefits of securitization; first by selling rather than holding loans, banks
reduce the amount of assets and liabilities. By reducing assets and liabilities it reduces reserve
requirements, capital requirements, and deposit insurance premiums. Second securitization provides
a source of funding loans that is less expensive than other sources. Finally, banks are able to
generate fees from the securitization process; these include origination, loan–servicing, and
underwriting fees.
5. List and define the various off–balance–sheet activities of banks.
Off–balance–sheet activities generate fee income for banks, however they differ from other fee

based activities because they are representing either contingent assets or contingent liabilities.
Contingent assets

1.7 Hypothesis Statement On Consumer Consumption
1.7 HYPOTHESIS STATEMENT According to Uma Sekaran (2003), a theory can be specified as a
logical conjectured relationship between two or more variables expressed in the course of a testable
assertion.
This work applies the null and alternate hypothesis format. The null statements stand for no
significant relationship, whereas alternately expressed as significant relationship. Hypothesis for this
research as follows:
Hypothesis 1
H0: There is no significant relationship between income and saving.
H1: There is significant relationship between income and saving.
Hypothesis 2
H0: There is no significant relationship between rate of return and saving.
H1: There is significant relationship between rate of return and saving.
Hypothesis 3
H0: There is no ... Show more content on Helpwriting.net ...
The data supplied by the researcher could help the foundation to remain concerned about the
economic conditions affecting the inflation rate and rate of return. 1.9.3 Consumer This report also
gives some information to the consumer. As we already know, saving is important for future use. We
did not know what will take place in the future, so saving is quite important matters that should be
concerned specially by consumer. This research will give some information to the consumer about
what element that really influences their saving behavior.
1.9.4 Future Researcher This research also can pass info to another researcher who wants to conduct
research regarding this area of interest and likewise for other researcher whom want to foster this
research in the future. This study can turn over some information and statistics regarding saving
behavior in Malaysia.
1.10 DEFINITION OF TERM
i. Determinant – Factor or element that limits or defines a decision or circumstance.
ii. Saving – Portion of disposable income not spent on consumption of consumer

Understanding The Financial Market And Globalization
UNDERGRADUATE STUDENT RESEARCH PAPER
Understanding the Financial Market and Globalization in India
Prepared By
Dionne Benard
FIN4604005_2014f_81778
International Finance Fall 2014
Understanding the Financial Market and Globalization in India
Abstract
The research paper is a brief study that explains the different factors that play a key role in growth
international financial market in India. We also took a brief look at what the RBI (Reserve Bank of
India) and their role in the growth of India's economy.
The study does not talk about the risks of investing in India at this time nor does it point out the
benefits. The purpose of this paper is to show the growth of India's economy after their government
made some drastic reform changes. Changes that needed to be made after the country had persistent
problems, such as a lack of financial inclusion, a glacial pace of innovation, the growth of an
unregulated shadow financial system, numerous Ponzi schemes and high inflation.
Introduction
The development of a county's economy is largely influence by their financial market and their
ability to trade with other countries. In the recent past India's rapidly growing domestic market has
made them an attractive country for investors to invest. Although India is still considered an
"emerging country" a term which is commonly used to refer to countries that do not enjoy the same
level of economic security, industrialization and growth as developed countries. The

Investment Analysis and Portfolio Management
EXECUTIVE SUMMARY In an economy, people indulge in economic activity to support their
consumption requirements. Savings arise from deferred consumption, to be invested, in anticipation
of future returns. Investments could be made into financial assets, like stocks, bonds, and similar
instruments or into real assets, like houses, land, or commodities. The aim of Portfolio Manager is to
provide a brief overview of three aspects of investment: * The various options available to an
investor in financial instruments. * The tools used in modern finance to optimally manage the
financial portfolio. * Lastly the professional asset management industry as it exists today. Returns
more often than not differ across their risk profiles, ... Show more content on Helpwriting.net ...
First, income, like age, inﬂuences the choice between dividend–paying or interest–paying
investments, and those whose primary return is in the form of capital gains. You may prefer income–
producing investments if you need to supplement or replace earned income. Your income level also
affects your investment choices because it determines your tax rate. Low–tax–bracket investors –
generally those whose income is lower – will be more likely to prefer income–producing
investments. High–tax–rate investors are more likely to choose tax–deferred or tax–sheltered assets.
Income also may inﬂuence risk preferences. High income investors may be more willing to choose
higher risk investments since they can more easily contribute additional investment capital should
they sustain losses. Taxes Your after–tax return is the return that matters. You should fully inform
your investment advisor about your tax rate and any special tax circumstances that might apply to
you. This will determine whether you should seek tax exempt or tax–sheltered securities as a part of
your portfolio. The appropriateness of income or capital gains should be discussed in the context of
your personal situation, so you may want your investment advisor to consult with your accountant.
Occupation Your occupation also can affect portfolio objectives. Some professions produce more
stable incomes

Ancillary Services
Ancillary Services by Retail Banks
This background note is intended to provide essential understanding about various ancillary services
offered by retail banks to their customers such as; A. Extension of Safe Deposit Locker / Safe
Custody Article Facility and Access to Safe Deposit Lockers / Return of Safe Custody Articles by
banks B. Remittance facilities for Non–Resident Indians / Persons of Indian Origin / Foreign
Nationals C. Interest Rates on Rupee Deposits held in Domestic, Ordinary Non–Resident (NRO)
and NonResident (External) (NRE) Accounts D. Forex Facilities for Residents (Individuals) E.
Electronic Money The required information is largely sourced from the public domain of Reserve
Bank of India websitewww.rbi.org.in ... Show more content on Helpwriting.net ...
In case the lockerhirer has some genuine reasons as in the case of NRIs or persons who are out of
town due to a transferable job etc., banks may allow the locker hirer to continue with the locker. In
case the locker–hirer does not respond nor operate the locker, banks should consider opening the
lockers after giving due notice to him. In this context, banks should incorporate a clause in the
locker agreement that in case the locker remains unoperated for more than one year, the bank would
have the right to cancel the allotment of the locker and open the locker, even if the rent is paid
regularly. (iii) Banks should have clear procedure drawn up in consultation with their legal advisers
for breaking open the lockers and taking stock of inventory. 3. Access to the safe deposit lockers /
return of safe custody articles to Survivor(s) / Nominee(s) / Legal heir(s) 3.1 We invite a reference to
our Circular DBOD.No.Leg. BC.95/2004–05 dated June 9, 2005 wherein we had advised banks to
deal with the issue of handing over the proceeds of deposit accounts. A similar procedure should be
adopted for return of contents of lockers / safe custody articles to Survivor / Nominee / Legal Heirs.
3.2 Access to the safe deposit lockers / return of safe custody articles (with survivor/nominee clause)
If the sole locker hirer nominates a person banks should give to such nominee access of the locker
and liberty to remove the contents of the locker in the event of the death of the sole

Short Term Investment Essay
Advantages of short term investment
The literal meaning of the term "short term investment" is an individual investor can afford to invest
a certain amount of surplus cash in the share market or any others that provide opportunity in short
term investing in order to earn interest within a reasonable short amount of period. There is
undeniable that short term investment includes a lot of advantages that will bring to investors. Here
are some of the benefits:
1. High liquidity
Short term investment usually provides a high liquidity or flexibility. Basically, short term will be
between 3 months to 1 year. This can be considered a biggest advantages of short term investment as
the framework is short, which mean investors do not need to tie up with their money up to an
extended period of time with this type of investment. Furthermore, a bank's saving account always
offer a higher liquidity, investors can withdraw our money at any time or anywhere as long as there
is a bank services such as ATM (Automated Teller Machine) provided that is near to your
convenient ... Show more content on Helpwriting.net ...
There is the possibility of that the interest rate for some short term investment may not be a high
fluctuation in a short period of time but another benefit is that the investor might get an enormous
returns from the short term investment which usually from the share market. Therefore, there is
many investors decide to deal with this type of investment, so we can often and always realize a
great interest return rate in a very short amount of time. For example, in the share market, the share
prices will be volatile in time to time may due to the investors are expected there will be a potential
growth in the future for the company project. Another benefit will be from those saving account,
fixed deposit and certificate of deposit which the interest rate are fixed, so that the investor may earn
some fixed extra earning from the

Saving For The Future : Investing Money
Saving for the Future Have you ever invested money in stocks or maybe received savings bonds as a
gift? Those are just two different types of investments that could potentially help with future money
plans. It is very smart to start investing money or looking at other ways to invest at a young age to
prepare for the future. There are many different types of investments that individuals can use to
achieve future savings and investment goals. According to www.fool.com, If you were to invest one
hundred dollars as a fifteen–year–old young adult and then receive a ten percent investment rate
every year on that initial investment, at the age of sixty–five years old you would turn that one
hundred dollars into $1,083. Investing your money rather than saving or spending it is smarter and
can help you with your future plans. Investing money rather than saving it or possibly spending it on
items that are only wants rather than needs is a smarter choice. It is a very uncommon occurrence
that over an extended period of time investment values actually decrease instead of increasing. It is
fairly simple to invest money. According to www.fidelity.com, the best way to save money for
retirement is to invest in the stock market. Over time the gains and increased earnings on stock
investments outweigh the losses that may occur with these stock investments. The key to these
investments is to not panic when the stock market falls and keep your money working for you.
Actually, if an

The Stock Market Of Kraken
Kraken is one of the most popular crypto currency exchanges in the world. It is based in San
Francisco and established in 2011, you exchange multiple currencies and buy Bitcoin on its
platform. Integration with Bloomberg Terminal in 2014 provides more visual access for this
company. The company uses novelty and best security to form a secure and sustainable trading
platform. Kraken offers several trading instruments. The exchange is most popular for its Bitcoin
and Etherem Cash (EUR and USD) market, Altcoins is also available. Here is a list of all the coins
that you can trade in one way or the other: Bitcoin, Ethereum, Litecoin, Zcash, Advance, Gnosis,
EOS, Dash, Ripple, Monero, Iconomi Stellar Limens, Dogecoin, Watermelon. Kraken plans ... Show
more content on Helpwriting.net ...
If you want to buy a specific instrument, you can do it directly to get it from the lowest available ask
price (offer). This is an "aggressive" entry, which violates market liquidity and is associated with a
large fee (money fees). On the other hand, you can place your own bid in the order book, then it will
be triggered by another trader, who will sell you his property. In this case, you are providing
monetization in the market and pay lower fees (mechanic fees). Overall, the fees paid by Kraken are
line with offerings by other exchanges. No minimum deposit level is specified by the crank.
Although it is not uncommon on CryptoVerese, Forex Brokers (which allows some Bitcoin trading)
mention it on their websites. As an example, IG industrial leaders are proud they claim they do not
need a minimum deposit. Leverage is only offered for some machines in Kraken Exchange. It
changes from 1: 2 to 1: 5. These levels may seem less if you use forex trading, where many brokers
offer 1: 500 in leverage. That said, they even offer lower levels for crypto currency trading. For
example, FCA–controlled industrial defense at HYCM currently offers 1:10 for Bitcoin trading.
Kraken leverages a fee charge for leverage trading. It varies from 0.01% to 0.02% depending on the
device and is applied every four hours. You will not have a hassle if you choose to trade Bitcoin
with a Forex broker. Remember there is a big difference between the services

Chase Bank Account
To Check the Account Balance of Chase Bank A checking bank account is a deposit account held at
a financial association that permits taking out and deposits. As well called demand financial records
or transactional accounts, checking financial statement are very liquid and can be access using
verifies automated cashier machines and electronic debit, among other methods. Checking bank
accounts change from additional bank accounts in that it regularly agree to for several withdrawals
and limitless deposit, while investments accounts at times maximum value are equally. Break down
checking account Checking financial statement can contain the big business accounts, student
accounts and combined accounts, all along with the various other varieties of accounts that propose
related to the features. In exchange for liquidity, checking financial statement are normally do not
provided a high concern ... Show more content on Helpwriting.net ...
If you not remember to take out cash for an excursion to Starbucks, overdraft protection make
certain that you don't contain a check return and replicate badly on your skill to forfeit. However, a
bank accuses a fee and composes money from this check; make sure you use the overdraft
protection in moderation and only in an urgent situation. The money quantities of overdraft
protection are differing by account and by bank. In some cases, the client needs to demand the
calculation of overdraft security. If the overdraft protection is used extremely, the monetary institute
can eliminate the security from the account. BREAKING DOWN 'Overdraft Protection' Overdraft
protection comes at a price. Although it does agree to its consumers to break out paying overdraft
bill, it does charge notice on the amount glide to them. Many banks allow their clients to link their
bank financial statement to a credit card in organizes to evade overdraft

Money In The Movie Fallujah
Money– money is currency used to purchase goods and services, in the movie the main characters
goal was the make as much money as they can from arms dealing.
Fiat money– Fait money is a form of currency that is not accepted because it can not be exchanged
for gold, in the movie the main character buys his friend a small gold–plated grenade to seal their
friendship. In the begging of the money the main character was selling out blankets.
Money supply– money supply is circulation of money outside the bank. In this money they create
money supply by selling weapons to over sea countries and fulfilling their needs.
Bank Notes– Bank notes simply refer to paper money, in the money the characters traveled through
the triangle of death also known as Fallujah. Fallujah is a city in Iraq known for having many
jihadists it was famous because of how the people fought against the Americans in Iraq war which is
now controlled by ISIS. The characters travel through to get the guns to the army general so they
can receive their payment in hard cash. ... Show more content on Helpwriting.net ...
Including currency in circulation outside the banks. Towards the end of the movie the main
characters get caught and forced to give up all their money, but an old friend of theirs comes along
and gives one of they black money, (can't be sent easily) to apologize for what he did.
M2– large measure of money supply takes place in this movie when the war dogs the heroes of the
movie decide to sell to Afghanistan one million rounds of AK–47 ammo to fight against the

Study of Deposit Mobilization in State Bank of Inida
Summer Internship Report
On
STUDY OF DEPOSIT MOBILIZATION IN STATE BANK OF INDIA
[pic]
Submitted in the Partial fulfillment of the requirement of the degree of Post Graduation diploma in
Management
By
Lakshmi K.S
Reg No. DSBSPGDMA09023
Under the guidance of
Company Guide Faculty Guide
Mr. Ramananda Prof. K.V. Ramanatham Branch Manager DSBS
SBI Bangalore Kumara Swamy Layout
[pic]
Dayananda Sagar Business School
Bangalore
2009–2011
STUDENT'S DECLARATION
I hereby declare that ... Show more content on Helpwriting.net ...
Collection of primary data includes methods such as observation and personal methods. Personal
interview and discussion will be made with manager and other personnel in the organization for this
purpose.
Collection of secondary data includes methods such as data from the official website of State Bank
of India and other related sites. Various sources are: o Internal files & materials
o Websites –www.sharekhan.com
www.indiainfoline.com
www.sbi.co.in

www.investopedia.com
BANKING INDUSTRY OVERVIEW
INDUSTRY OVERVIEW
History:
Banking in India has its origin as carry as the Vedic period. It is believed that the transition from
money lending to banking must have occurred even before Manu, the great Hindu jurist, who has
devoted a section of his work to deposits and advances and laid down rules relating to the interest.
During the mogul period, the indigenous bankers played a very important role in lending money and
financing foreign trade and commerce. During the days of East India Company, it was to turn of the
agency houses top carry on the banking business. The general bank of India was the first joint stock
bank to be established in the year 1786.The others which followed were the Bank of Hindustan and
the Bengal

Investing Smart
In the United States, a society plagued by capitalism, investing has become a way of life. To most
Americans it begins with opening a savings account and slowly allowing that money to grow
through the compounded interest rate over the years. While it may not seem like a big step in
generating more income, nonetheless, this is a positive movement in the market of investments.
With the many types of investments available knowing which are reliable, or safe, or yield good
returns, are just some of the questions on the investors mind. Within each asset class there are
investments to suit different kinds of risk, duration, returns and liquidity.
Bank savings account, as stated before, is the simplest kind of short–term investment. The ... Show
more content on Helpwriting.net ...
When the market interest rate declines this makes bonds more valuable and visa–versa when the
interest rate increases the bond becomes less valuable. Since the market price is unpredictable this
makes long–term bonds more risky. Since the long–term bonds are more risky they produce on
average higher returns.
Investment in shares of corporate stock is also very popular that can produce a great amount of
profit. By investing in shares of a firm listed on a stock exchange, the investor owns part of the
company and also gets the right to share in the future income of the company. Returns on stock
come in two ways; first, dividends are paid out of the profit accumulated by the company over a
year. Secondly, the investor can sell his or her shares of stock for more than originally paid. Gains
may reflect that the company over time has grown or improved or that the investment society sees
future prospects. But then capital losses can also occur. The price of shares listed for a company can
vary from day to day. On a given day some shares may go up in value and some may go down in
vale, depending on how investors view the prospects of each company. Also rises and falls in
economic confidence or changes in a particular industry may cause the value of stocks to rise or
either fall. There are ranges of factors, which influence stock prices on a daily basis stocks cannot be
accurately predicted. Shares of stocks are riskier than

Type of Bank Accounts
Survey of Various types of Bank Accounts, rate of interest offered
Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co–operative
when I visited their branch and introduced myself as a 10th Std. student of Ryan International
School, Nerul and inform my purpose of visit of carrying out a survey on various types of bank
accounts available and commonly used in India.
He offered me a place to sit and called for water and request to give him some time to complete his
urgent in–hand work. Since the day was Saturday hence visibly the no. of public was less. After half
an hour, he turned up, excuse for keep me waiting and then first go thru the paper containing Project
Topics. After going thru the entire paper he ... Show more content on Helpwriting.net ...
The account has an average quarterly balance of Rs. 2500/– for branches in Urban / Metro / Semi
Urban areas and average quarterly balance will be Rs. 1000/– for branches in Rural areas.
The Average Quarterly Balance shall be NIL if a Fixed Deposit of Rs 25,000/– or Recurring Deposit
of Rs. 2000/– per month is maintained. The fixed deposit should be for a minimum period of 6
months and the recurring deposit should be for a minimum period of 12 months.
Free personalized cheque book.
For Children below the age of 12 years, the account is to be operated by the guardian on behalf of
the minor. Free ATM Card with a daily withdrawal limit of Rs 1500/– will be issued in the name of
the guardian.
Visa Classic Debit Card for children above the age of 12 years will be offered at Issuance Fee of Rs.
95/– and with annual fee of Rs. 100/–.
The child of age 12 years and above can also opt for an Image debit card with his / her own
attractive picture or any other photo they choose.
Automated Facility for transferring funds to the child?s account from the parent?s account on a
monthly basis.
Free Internet banking facility : The idea is to make the child internet savvy and expose them to the
online banking environment.
Online forums with interactive tutorials and games about money.
Free SMS Banking.
Free monthly e–statements / Quarterly

Different Forms of Investment
Good morning everyone. I have been asked to find the best investments for my 18 year old friend
who has just received 150 thousand dollars. There are many different ways of investing money. The
five most common ways to invest are: Term deposits, Managed Funds, shares, property and
superannuation. According to can star: A term deposit is a cash investment held at a financial
institution for an agreed rate of interest over a fixed amount of time. If the investor wishes to take
the money out of the account they will be charged a large fee. Another form of Investment is
managed funds. According to colonial first state a managed fund is a professionally managed
investment portfolio that individual investors can buy into, purchasing 'units' rather than shares.
Shares are small parts of businesses sold on the stock market. The value can go up or down. Buying
a property is a way of investing. As the prices of houses rise and fall so does the value of your
house. The fifth way of investing is through Superannuation. Superannuation according to
Investapedia are Funds deposited in a superannuation account growing typically without any tax
implications until retirement or withdrawal These five ways of investing are not all suited to my
friend. She is 18 and doesn't have a proper job therefore she will not be able to get superannuation.
As she only has 150 000 she will not have enough for a house. This leaves term deposits, shares and
managed funds. These are the 3 best ways of

Homework
SOLVING TIME VALUE OF MONEY PROBLEMS
I. Single (Annual) Compounding Period Examples
A. Future Value (FV) of a Single Current Lump Sum Received One Period Hence FV = PV(1+i) |
PV: current (or present) value | | i: a given interest rate (or rate of return) |
(If the tables are used, this is the related formula: FV = PV * FVIF Equation 2 in the Week 1
Lecture)
Example: You place $100 today in a bank deposit account that pays 10% annual interest. In other
words, interest on your $100 worth of principal is paid once a year and will be received one year
from today. What will your deposit account be a year from today?
Algebraically, the relationship is:
FV = $100(1.1) = $110
Using Excel, try entering the following formula ... Show more content on Helpwriting.net ...
Algebraically:
PV = $100/[1 + .1/2)]2x1 = $100/[1 + .1/2)]2 = $90.70
Using Excel, entering the following formula in a single spreadsheet cell will result in a value of
90.70: =100/(1+(.1/2))^2
Now, let's extend the process just described into a multi–period context. If you are to amass $100
five years from today, you wish to know the amount of funds you would need to place in a bank
account today. The account pays 10% annual interest, with this interest compounded semi–annually.
Algebraically:
PV = $100/[1 + .1/2)]2x5 = $100/[1 + .1/2)]10 = $61.39
Using Excel, entering the following formula in a single spreadsheet cell will result in a value of
61.39: =100/(1+(.1/2))^10
Now, let's consider the future value counterpart of multiple compounding within a given period. The
basis for this calculation involves amending the relationship previously identified. The future value
of a single current lump sum one period hence is: FV = PV[1+ (i/n)]ny ; where n equals the number
of compounding periods during the year and y equals the number of years. For a single year, y = 1.
Suppose you want to know how much you will have in one year if today you place $100 in a bank
deposit account that pays 10% annual interest, with interest compounded on a quarterly basis. In this
case:
FV = $100[1+ (.1/4)]4x1 = $100[1+

Macroeconomics: How The Federal Reserve Controls The Money...
Stephen Ruel
EC 112
Summary on Chapter 10 The terms medium of exchange. store of value (purchasing power jumping
time segments), and unit of account (quoting prices) were the terminology utilized on page 190 of
chapter ten. After this terminology, the section commodity and fiat monies was written. The
functional weight from Principles of Macroeconomics is that commodity monies are tangibly traded
with the use in in realization and fiat monies "{are} items designated as money that are intrinsically
worthless" (p. 191). After the section on commodity and fiat monies concluded with a summation
regarding currency debasement, Case, Fair, and Oster listed two equations for transaction money
and broad money. The transaction money equation was M1 = currency held outside banks + demand
deposits + travelers' checks + ... Show more content on Helpwriting.net ...
200). Chapter ten of Principles of Macroeconomics concludes with the three subsections of the
paragraph "How the Federal Reserve Controls the Money Supply." The first subsection printed by
Case, Fair, and Oster is the required reserve ratio, and a minute summation is that the Fed's reserves
can balloon or deflate through the ratio's requisitioning effects on the reserves of other banks. The
second subsection printed on page 204 is "The Discount Rate," and a minute summation is that the
Federal Reserve's interest rate for sequestering of segments of the reserve undulates in proportion to
the Federal Reserve's accessibility of inflation rates. Lastly, the third subsection printed on page 205
is "Open market Operations," and a minute summation is listed by Case, Fair, and Oster on page

A Case Management Technology Service Services Provided By...
Pursuant to the terms of the Agreements, the Account(s) is debited for certain monthly services fees
in exchange for services provided by Rabobank and BMS. As noted above, the services provided by
BMS include: (1) together with Rabobank, banking services, including the management of the
chapter 7 accounts required in this Case, deposit management, monthly statement processing and
production, interim statements, couriers, checking, wires, electronic UST reporting, online banking
and transfer services, collateral tracking services, and expanded FDIC coverage; (2) case
management technology services, including access to proprietary software licensed to the trustee by
BMS; automated data and document delivery and management; electronic court filing (ECF) and
retrieval; processing and transmission services; UST customized reporting software, and a variety of
other document preparation, claims management software, and third party software from such
providers as Microsoft and Adobe; (3) hardware, including computers, networking equipment,
printers, and scanners, as well as installation, repair and maintenance services , and (4) training and
support services, including software training, information technology support, and special project
requests.
Historically, banks and service providers were able to provide banking and case management
services to chapter 7 trustees without imposing an administrative fee. These services were funded
through a combination of a discount in the

Emergency Fund Essay
How to Build an Emergency Fund
Whether or not you call it an emergency or rainy day fund it is all the same.
Basically, it is a pot of money set aside just in case something happens that is unforeseen i.e., a job
loss or illness.
During the economic crisis this was some people's only and best line of defense against the loss of
their income or investments.
Emergencies are part of life. Being prepared could make all the difference.
What is an emergency fund?
An account that is used to set funds aside that are for worst case scenarios, such as medical illness,
job layoff, or other major expenses.
What is considered an emergency? It depends. An emergency to some may not be considered one to
others but a short list includes the ... Show more content on Helpwriting.net ...
Worst case is that you will be unable to borrow at all and could fall prey to unscrupulous loan sharks
or be unable to receive help when needed.
Benefits of having emergency savings
You are less likely to make bad financial decisions. I am sure no one wants to let the lack of money
cause them to make bad decisions. No knee–jerk reactions required if funds are set in reserve. Read
about finances, save, then invest. When you know better you do better.
Less stress is a huge benefit. High stress can trigger all types of health problems from headaches to
heart disease. An emergency fund can help alleviate stressors as these.
Being able to help others. You can now volunteer, donate, or help family and friends when people
are in need. Helping others makes you feel good too. This is also a stress reliever. How much should
you have in an emergency savings?
I recommend 3–12 months' worth of expenses. I have a preference for 8 months because when I lost
my job during the recession it took me that long to land a new job.
You should start with a specific goal in mind such as $500 and continue saving from there.
NerdWallet columnist, Liz Weston says $500 is a good place to start, will get you out of most
predicaments, and usually keep you out of the hole.
If you use direct deposit and automatically transfer $10 per week into a savings account, you can
save $500 in a

The History And Future Of The Federal Deposit Insurance...
Introduction Government departments are instrumental to a flourishing and secure economy. They
are in place to serve their constituents and ought to keep that in mind. The Federal Deposit
Insurance Corporation (FDIC) fits this well and is in place to ensure that bank users are protected in
instances of economic downturn and that their money is insured. In this way, regulation is extremely
necessary to ensure a stable economy in instances of financial instability. To completely understand
the FDIC, it is important to understand why and how it was created, its history, major
responsibilities and who the leaders are.
FDIC Creation and History
After the Stock Market Crash of 1929, Americans immediately withdrew their money from banks, ...
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There was no federal legislation that forced banks to be insured, but some states required it. In 2007,
the mortgage market problems caused the greatest financial crisis since the Great Depression. In
similar fashion, many banks failed. This again caused depositors to withdraw their money from
banks and the FDIC stripped Washington Mutual Bank of its banking subsidiary. By 2011, President
Obama issued the Dodd–Frank Wall Street Reform and Consumer Protection Act to raise the FDIC
deposit insurance to $250,000 per account (History.com Staff, 2017).
Major Responsibilities The main role of the FDIC is to prevent the ridiculous withdrawals that
occurred during the Great Depression and the Great Recession. Prior to the FDIC, there was no form
of insurance for banks and no "money back guarantee" besides the bank's stability. Since almost all
banks are FDIC insured, customers have no need to panic even if the bank starts to fail because the
FDIC will cover up to $250,000 per account, which is sufficient for most customers. With this, there
should be no more panicking withdrawals and banks should, hopefully, be able to solve their
problems in a more controlled environment. The FDIC covers money market accounts, savings
accounts, checking accounts and Certificates of Deposit (CDs). It also covers some trust and
Individual Retirement Accounts, but only

Yu Ebao 's Advantages Of Users
Yu EBao's advantages to users:
1. High profitability and high liquidity
Compared with traditional financial products, Yu EBao has a higher interest rate than deposit
interest rate and a more convenient transaction process than fund, providing users a good
performance with high profitability and high liquidity. The interest rate of Yu EBao generally
fluctuates between 4% to 7% since its launch，much higher than current deposit interest rate of
0.35% , even the fixed–term interest rate of 3.25% (one year), which obviously is very attractive to
investors. On the other hand, it usually takes about two days to redeem money from other kinds of
investment while Internet finance products like Yu EBao support T+0 real–time redemption (funds
or ... Show more content on Helpwriting.net ...
It dramatically increases investment efficiency and cuts down the investment costs for customers.
3. No restrictions on minimum purchase amount
The principle of no restrictions on minimum purchase amount adopted by Yu EBao contributes to
the concentration of more fragmented and idle money in society, enhances the utilization of social
capital, at the same time provides clients a more convenient banking services. On the other hand,
this covenant–lite investment is also beneficial to enlighten customers who have never been
involved in financial services with basic finance and investment ideas, which is playing an
important role in establishing a correct and acute sense for investment and financing in the whole
society.
Yu EBao's advantages to financial market:
Firstly, the most significant advantage of Internet finance product is to promote interest rate
liberation. Previously, China's financial activities are highly controlled by government. However,
with the further development of market economy, China is regularly deregulating the financial
market. Interest rate liberation in financial market is the key step in the process of transformation to
full market economy. Interest rate liberation means that according to the supply and demand of fund,
its price is decided by financial market subjects including financial institutions, enterprises and
inhabitants. If interest rate，especially the deposit interest rate is only determined by government at
a low

Advantages And Disadvantages Of Binary Options Demo Account
correctrade.com – What is a binary options demo account? – August 3rd, 2016
Headline: What is a binary options demo account?
Binary options trading is fairly straightforward and even a newbie can learn it in a short time.
However, owing to general volatility of the financial markets, it's risky for an inexperienced trader
to make a substantial amount of deposit and start trading for real. For that reason, many platforms
have a binary options demo account in place in order to provide the traders a risk–free environment
for trading. A demo account is indispensable for a new trader as it requires no upfront commitment.
Types of trading accounts
When the users sign up with a binary options broker, they are provided with two options. They can
either go ... Show more content on Helpwriting.net ...
Thus, when they start trading for real, they are well–prepared and quickly adapt to the constantly
changing environment of the financial markets.
Disadvantages of a demo account
Although a demo account is indispensable for the traders, it has a few disadvantages as well.
Taking unnecessary risks – A demo account comes with a large amount of practice money, even up
to $100,000. Naturally, this tends to encourage a trader to take some unnecessary risks which he
would totally avoid if it was his actual investment. The risk taking behaviour develops into a habit
and can lead to the depletion of an entire trading account as soon as the trader begins trading for
real.
Unrealistic expectations – Even if a trader executes a series of successful trades using a binary
options demo account, he might not be able to replicate the same level of success in a real account.
Markets and asset trends change constantly because various macroeconomic and political factors are
at play. Therefore, placing successful trades require careful and constant analysis of the trends over
extended periods of

Reflection Of Fortress Bank
This summer, I had the pleasure of interning at Fortress Bank, previously known as First State Bank
of Illinois, at the branch in Monmouth Illinois. The internship surrounded topics that correlated with
my international business degree. I gained first hand experience with everything from financial
regulations to loans. It was wonderful to be able to take concepts outside of the classroom and see
how they are applicable within the international business world, specifically the world of banking.
The company Fortress Bank, previously known as First State Bank of Illinois 10 branches. Branches
are located in Monmouth, Macomb, LaHarpe, Peoria, Carthage, Hamilton, Pekin, Blandinsville,
Colusa, and Bettendorf. The company has been privately owned since its inception in 1904. The
bank recently underwent monumental rebranding as the name of the bank changed in order to allow
for the new Bettendorf branch opening in early 2018 in Eastern Iowa. The name First State Bank
simply was not going to be applicable to future Iowan customers. The name change was purely
cosmetic and has had no change on any other aspects of the business. Everything from the bank's
routing number to phone number has stayed the same. Customers will simply be receiving updated
checks and debit cards with the name Fortress Bank when they run out of checks or their debit cards
expire. Until then, everything with the name First State Bank of Illinois will still be applicable. The
only exception is the new

jackson busn5620 week7 personal assignment 1 1 Essay
BUSN 5260
Current Economic Analysis
Week 7: Personal Assignment
There are Internet questions with this assignment at the end.
Problems
Problem 1
You have just inherited $100,000 from your rich uncle Sam. Being the conservative sort, you rush to
your local bank and deposit the entire windfall. The reserve requirement is currently 10 percent.
What is the immediate impact on the balance sheet of the bank?
Reserve Account = 10% * 100,000 = $ 10,000
Cash Account = $ 100,000– $10,000 = $ 90,000
Liability account = $ 100,000
Mention each account affected and the appropriate amount. The Reserve account of the company is
increased by $ 10,000; cash account of the bank is increase by $ 90,000, while the liability of $ ...
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It stimulates and increases trade by providing an easy method of exchange. Since Walnuts are small
and portable, walnuts will be an effective medium of exchange.
Store of Value–– Means that walnuts has the ability to hold value over time. This makes walnuts a
useful mechanism for transforming income in the present into future purchases.
Standard of Value–– This function of walnuts provides a common measurement of the relative value
of goods and services. Without walnuts how would governments collect taxes?
Problem 4
Under what circumstances might the Fed want to shrink (contract) the money supply? Be sure to
relate your answer to the resulting effect on the Aggregate Demand/Aggregate Supply model.
The main reason why the Fed wants to shrink the money supply is to achieve their policy goals.
They simply want to alter the money supply. This is achieved through raising the federal discount
rate, reducing the monetary base through open market operations, and increasing reserve
requirements. The Fed is likely to decrease the money supply during times of high output and high
inflation. The reason is that this gives the Fed opportunity to keep inflation in check without doing
much harm to output.
Problem 5

Assuming the Fed chooses to shrink the money supply, explain how each of the three tools would be
used. If the fed chooses to shrink the money supply

Questions On Financial Institutions : A Brokerage Firm Is...
1. What are brokerage firms?
A brokerage firm is a non–depository financial institution. What happens is an individual will
deposit money into a brokerage firm and a broker will place the money. The broker will place the
money into a stock, bond, or any type of investment. The brokerage firm makes money by the
amount they make on the particular investment. Most of the money will go to the individual, but the
brokerage firm will take a set percentage.
2. What are depository and nondepository financial institutions? How do they differ?
The big difference between depository and nondepository is that depository financial institutions
make their money directly from the company, and nondepository makes their money another way.
depository financial institutions is most commonly associated with banks, they make money on
customers deposits. They also make money from things like loans and mortgages, those are the main
ways depository institutions make money. Nondepository financial institutions are things like
brokerage firms, insurance companies, and financial companies.
3. What are credit unions?
Credit unions are nonprofit financial institutions that help their members find affordable financial
planes. Credit unions also can borrow from pools of money at low interest rates. Credit unions
typically appeal to younger people because it offers higher savings. Credit unions are very scarce
they are typically found in bigger cities that certain unions are located. Sometimes these

Objectives Of BAFIA
THE BANKING AND FINANCIAL INSTITUTIONS ACT, 1989
Introduction
The objective of the Banking & Financial Institutions Act, 1989 (BAFIA) is "to provide new laws
for the licensing and regulation of the institutions carrying on banking, finance company, merchant
banking, discount house and money–broking business, for the regulation of institutions carrying on
certain other financial businesses, and for the matters incidental thereto or connected
therewith".BAFIA was introduced to provide for an integrated supervision of the Malaysian
financial system and also to provide the Central Bank with the power to speedily investigate and
prosecute, if necessary any illegal activities in an attempt o reduce white–collar crime.
Scope & Ambit Of The Act
BAFIA came into force on 1st October, 1989, Section 128 of BAFIA provides that the Finance
Companies Act, 1969 and the Banking Act, 1973 are ... Show more content on Helpwriting.net ...
receiving deposits on deposit account, savings account or other similar account ; and
b. (i) the lending of money;
(ii) leasing; or
(iii)hire–purchase, including that which is subject to the Hire–Purchase Act, 1967; or
c. such other business as the Central Bank may prescribe
Section 32 of BAFIA prohibits any licensed institution to engage, whether on its own account or on
a commission basis, in wholesale or retail except in connection with the realization of security given
to or held by it for the purpose of carrying out its licensed activities. Section 33 further does not
permit a finance company from accepting money on deposit which is repayable on demand or deal
in foreign currency.
The Central Bank is authorized to fix minimum or maximum amounts of deposits or specify the
minimum and maximum tenor of any of the deposits accepted by licensed institutions. However,
such a specification will not affect an existing deposit account or existing agreement with a
customer.
Receiving Deposits
Unsolicited

Money and Banking
MONEY AND BANKING
CONTENTS
What is MONEY? 3
Characteristics of money 3
Measurements of money 4
Money and the economy 6
Relationship between Prices and Inflation 6
Why Money Supply Matters 7
Banking 8
General History 8
History in United States 8
Banking basics 9
Other Financial Institutions 9
International Banks 10
Structure of banking industry in U.S. 10
Interest Rates 11
Banking Business 11
Liquidity management by banks 11
Multiple Deposit Creation 14
Banking services 16
Summary 18
References 19
Banking Quiz 20
Learning Objectives
On successful completion of this lesson you will be able to:
Understand the role of money and its impact on the economy and measurement of money in an
economy. History of ... Show more content on Helpwriting.net ...
In addition, digital cash is much easier to transport than paper money because it is transferred
digitally. This makes transferring money across border a lot easier, which means money from illegal
sources (such as drug money) can be easily "transmitted" out of the country.
Measurements of money

Money is considered an important determinant of the condition of the economy of a country. In the
eye of the federal government, there is a broader measure of what money is in the U.S and in other
parts of the world imply.
There are 3 general measures of money used by the U.S. government (or more specifically the
Federal Reserve System): M1, M2 and M3. These are often referred to in the context of inflation,
recession and interest rate changes.
I'm sure it sounds familiar. Allan Greenspan's, the US Treasury Secretary's, announcements on
changes in the Fed interest rate during the last two years is now well known felt even in India.
(i) M1
M1 is the narrowest measure of money. It includes the following items:
Note: 1. Traveler's checks issued by banks are grouped under demand deposits. 2. Some examples of
interest bearing checking accounts are NOW (negotiable order of withdrawal), ATS (automatic
transfer from savings), and credit union share drafts.
M1 is considered by the Federal Reserve as transaction balances. In other words, they are perfectly

The Value Of A Medium Of Exchange
A medium of exchange, a unit of account and a store of value are money 's three primary economic
functions.
First and foremost, money acts as a medium of exchange when it is used to negotiate the exchange
of goods and services. It also keeps away from the barter system 's wastefulness like the dependence
on the occurrence of a coincidence of wants. A medium of exchange must possess a stable
purchasing power in order for it to be accepted worldwide. Hence, it must be divisible,
transportable, recognizable, have constant utility, valuation of common assets, low cost of
preservation, high market value in relation to volume and weight and most of all, resistance to
counterfeiting. The most famous medium of exchange back then was gold since it was dormant.
Even small amounts of gold had considerable value which made gold user–friendly. Men cherished
gold because it also had a constant value due to its special physical and chemical properties.
The standard numerical unit of measuring goods and services ' market value is simply known as unit
of account. It is mandatory for forming commercial agreements. In order for money to function as a
unit of account, it must be divisible into smaller units without a loss of value, fungible, and have a
specific weight, measure or size in order to be verifiable countable.
Lastly, money must be able to be reliably stored, saved and retrieved in order for it to function as a
store of value. Likewise, it must be usable as a medium of

Assignment 2a Assignment
Assignment 2A Submission
A3.a) A minimum fraction of what customers can deposit and the amount of notes commercial
banks can reserve.
b) The money multiplier
A5.a) Since the M1 monetary aggregate is associated with bank takes and types of deposits, will
cause a change in the types of deposits the bank accepts. M1 monetary aggregate includes cash
deposits, demand deposits, and travelers checks. However, if the bank began declining travelers
checks and deposits, the monetary aggregate would be M0.
A7.a) Excess reserves are reserves in excess of a reserve requirement set by a central bank.
b) They are called "the stuff from which bankers create loans" because as stated, money deposited as
a term is used as loans meaning whatever is deposited ... Show more content on Helpwriting.net ...
However, these individuals can also transfer these funds into their checking accounts when needed
which causes a smaller M1 amount.
A7.a) The ratio of nominal GDP to M2.
b) In todays society, money balances can be easily switches to accounts on which checks can be
written to accounts paying interest. This alters the M1 because these checking accounts are in M1
but interest–paying accounts are not making for an unpredictable M1 velocity. M2 velocity on the
other hand is unaffected.
c) The main problem is the relationship between spending and M1. This created conflict for a policy
targeting on M1 growth because as we know, M2 velocity is more stable. With this, targeting on M2
instead of M1 will should the situation.
A9.a) This can be inflationary because if all Government debts are paid, the Government has a lot
more to spend which will cause a heavy increase in consumption and investment and finally,
inflation will rise.
b) The "long–run" qualification is added because if you take on more of a nations debt, in the long–
run inflation is sure to rise. As debts are paid in the short–term, there is a lot more money to spend in

the long term causing inflation.
A11.a) Decreased interest

How Did The New Deal Save The Usa Capitalism
The New Deal: Federal Deposit Insurance Corporation
After the tragic Stock Market Crash of 1933, America had plunged into a deep depression. Over
9,000 banks nationwide were closing their doors. After the Stock Market Crash, President Herbert
Hoover was in office working ceaselessly to fix what was left of the economy. However, his effort
did not seem to be enough. In the election of 1933, Franklin D. Roosevelt won by a landslide.
Roosevelt stated, "This nation asks for action and action now," and he did just that.(Barbour, 82) He
saved countless families from poverty that was spreading like wildfire across the U.S. Federal
Deposit Insurance Corporation (FDIC) is a portion of the New Deal formulated by Franklin D.
Roosevelt to help save America from poverty caused by bank failures. "Roosevelt's New Deal
preserved the American democratic capitalist system." (Schlesinger 137) The Stock Market Crash
played a major role in bank failures. After the crash, people were indifferent about the stability of
banks, so they all began taking out their savings. Banks no longer had the currency to stay open. For
those who did not take this ... Show more content on Helpwriting.net ...
If the depositor has over the $250.000.00, the depositor may still be insured if it meets specific
requirements, but the FDIC has limitations to its coverage and does not cover things such as content
of a safe deposit box, life insurance plans, or stocks. However, the FDIC will cover checking
accounts, saving accounts, money market accounts, single accounts and joint accounts. Insurance is
only guaranteed by the FDIC in the case of a bank failure, and the risk of bank failure has vastly
decreased since 2013. Between 2008 and 2013, over 400 banks failed, one being the largest bank
failure ever covered by the FDIC. Washington Mutual crashed in 2008, and had over $300 billion
worth of assets. Since 2013, only a handful of banks have

Money, Banking and the Economy
California State University Los Angeles
Department of Economics
Economics 303
Money and Banking and the Economy
Prof. Giorgio Canarella
Fall Quarter 2012
Midterm 2
Return your work Saturday, November 10, at 1:00 pm
Problem (50 points) Use a blue book.
You are given the following estimates about the monetary economy of the US:
C/D = 0.1; T/D = 2; ER/D = 0.2, [pic], [pic], MB = 1000. Compute the money multiplier, the money
supply, the level of currency and checkable deposits, the level of time deposits and excess reserves,
and the level of total reserves and required reserves. Use the model of money supply determination
discussed in class. Show your work.
Multiple Choice Questions (50 points) Use a scantron.
1)
As of 2006, about ... Show more content on Helpwriting.net ...
B) established the Federal Reserve System. C) separated commercial banking from investment
banking. D) put a tax on the issuance of bank notes by state banks.
13)
The Glass–Steagall Act of 1933
13)
______ A) separated commercial banking from investment banking. B) prohibited branching across
state lines. C) forbade the opening of nonbank banks. D) made bank holding companies illegal.
14)
Regulation Q
14)

______ A) required all banks to hold reserves against demand deposits. B) placed ceilings on
allowable interest rates on time and savings deposits. C) prohibited interstate banking. D) broadened
the basis on which the Fed could make discount loans.
15)
NOW accounts were developed in order to
15)
______ A) provide banks with a liquid, interest–earning asset. B) provide banks with a checkable
deposit on which they did not have to pay interest. C) circumvent Regulation Q. D) provide banks
with a means of earning interest on the funds in their reserve accounts with the Fed.
16)
The British central bank is known as
16)
______ A) the British Federal Reserve.
B)
the Bank of England. C) the Bank of London.
D)
the Bank of the Empire.
17)
The Japanese central bank is known as
17)
______ A) the Grand Nippon Central Bank.
B)
the Bank of Japan. C)

Banking Essay
ukessays.com http://www.ukessays.com/essays/finance/bank–deposit–or–common–stock–
investment–finance–essay.php Bank Deposit Or Common Stock Investment Finance Essay In our
modern society, money has become one of the basic factors apart from food, shelter, clothing and
medicine that human needs to survive. In practice, it is easy to spend money than making it
(Mitchell, 1912). One optimal way to make money is investment but a number of subsequent
questions have arisen. What are investment opportunities? Which type of investment options do
provide the competitive benefit for investors? And what are the benefits and drawbacks of each
option? To answer these questions, there are many alternative options of investment the investors
can ... Show more content on Helpwriting.net ...
We provide custom model essays to help students get great grades. Read more > Looking for
examples of our actual custom work written by professionals. Click here > We also offer a wide
range of other services from dissertations to presentations. View all services > Simple Investment
in Bank Deposit One of the easiest ways to start investing is to deposit money in banks. It can be
said that banks are ideally places where basic requirements of investors such as security, ability to
withdraw whenever they want, and a reasonable return on their money, are fulfilled (Rowlatt &
Davenport, 1966). Bank is a financial organization which is classified as one of depository
institutions. It raises funds to do its ventures (Agapie et al., 2010). Bank, licensed from the
government, provides many financial services such as payment services, lending service, insurance
service, and deposit service, which will be focused in this essay. Investing in banks means that
investors have to deposit sum of their money in bank account that provides competitive earnings.
According to Collins English Dictionary, deposit means putting money in a bank or financial
institution for interest or safekeeping purposes ("deposit," n.d.) with bank's broad range of deposit
services, customers can choose type of account that suits their saving behaviors. This service
accounts for one option for investment since

Stashing Your Cash: Video Analysis
After watching the video on Stashing Your Cash, the consumers' confidence does play a huge role in
the economy. In this essay, it will show you why the consumers are important role, why they are
pulling their money out of banks, and how does M1 and M2 impact the size of the money supply. I
do not think that we as individuals should be taking money out of banks, having a stash at home for
emergency, just in case the ATM's do not work is fine, but investing in a safe for home to where
people can get into them, not for me.
Consumer confidence is a measure of how the consumers are felling about the current and future
aspects of the economy conditions (Hubbard, R. G. (2017). Just like the overall economy, the
consumers are not purchasing big ticket items like they have in the past decades. Look at all the
stores that have closed due to lack of in store marketing. The consumer confidence measures at the
end of the month of what the economy has done as consumers purchased the month before
(Hubbard, R. G. (2017). By consumers pulling their investment into their home safes it effects the
investments, GDP, and interest rates, since institutions can end up going into bankruptcy. It can
decrease the GDP also. By people taking their money out of banks the inflation can increase and the
... Show more content on Helpwriting.net ...
G. (2017). Whereas, M2 has a boarder definition of money supply, which includes M1 plus savings
accounts deposits, small–denomination time deposits, balances in money market deposit accounts in
banks and noninstitutionalized money market fund shares (Hubbard, R. G. (2017). The impact that
would have on the size of the M1 and M2 components of money supply by pulling money from
checking accounts are the economic growth, that will affect the monetary policy of the inflation rate.
It will affect the goods and service (Hubbard, R. G.

Advantages And Disadvantages Of Mutual Fund
1.1 Introduction of financial market:
High return and high risk are correlated to each other and the same can be applied in financial
market. In financial matters, the term market implies the total of purchasers and vendors and the
exchanges between them. A financial market is a market where the participant's sale and purchase
financial securities, commodities and other negotiable items of value at a pre–determined price
derived from demand and supply mechanism.
Figure.1.1: Financial Market Components
The financial markets have basically two major components:
1) Capital market
2) Money market.
Capital Market is a market where long term securities are traded. It is a place from where the
business sector will fulfill its demand for long ... Show more content on Helpwriting.net ...
Every investment company appoints a fund manager who invests the money in different investment
opportunities. These could run from shares to debentures to currency market instruments, contingent
on the plan's expressed targets. The income earned through these investments and the capital
appreciation acknowledged by the plan is shared by its unit holders in extent to the quantity of units
claimed by them. Therefore a Mutual Fund is the most appropriate investment for the investor as it
offers a chance to put resources into an enhanced, professionally managed basket of securities at a
moderately low cost. Mutual fund schemes are offered on the basis of structure and investment
objectives.
a) Structure based schemes:
i) Open–Ended Schemes: These schemes do not have a fixed maturity period. Under this an investor
can buy and sell the units at any point of time. The main feature of this scheme is liquidity which
enables the investor to invest and redeem units at any point of time in the scheme. ii) Close–Ended
Schemes: The schemes have a fixed maturity of say 2 to 15 years. One can directly buy the
investment in the scheme at the time of issue and thereafter sell the units of the scheme on the stock
exchange where they are listed. The units of these scheme were redeemed at NAV (Net Asset

Federal Reserve Activities Research Paper
Federal Reserve activities. The aim of this paper is to describe the most used Federal Reserve
monetary tools and activities. To further entail other requirements, this paper is aimed to at least 2–
page length, font size 12, double spaced, Bookman Old Style font, and lastly include a reference list.
1. Which of the monetary tools available to the Federal Reserve is most often used? Why? There are
three available monetary tools: open–market operations, setting the discount rate and reserve
requirements Open–market operations can be defined as a process of buying and selling of U.S.
government securities in the financial markets, which in turn has an impact on the level of reserves
in the banking system. Volume and the price of credit, so–called

Philosophy
How to find the right investment for you Investment has become a hot topic in the Philippines lately
due to the plethora of positive economic news: the recent Fitch credit upgrade, the stock market
hitting high after high, and the real estate boom. It seems to make perfect sense to start putting your
money to work, but how to choose the right investment? With so many financial instruments out
there, it's quite difficult to decide. So before sinking your hard–earned savings into any investment,
take a few moments to consider these questions. What are you investing for? In the rush to make
money, it's easy to overlook this most basic of steps: thinking up a clear financial goal. Putting your
money in any instrument without deciding ... Show more content on Helpwriting.net ...
Clients pool their money and the fund managers invest them in a basket of bonds, stocks, and other
cash instruments. You can have a choice between different mixtures of these funds depending on
your risk appetite. Foreign Exchange. This means investing in currencies, making a profit with the
rise and fall of that currency's value. Forex markets are usually more volatile than the stock market
and carry considerable risk. One should take time to study forex trading before plunging into this
market. Real Estate means buying and holding property (e.g. Land, condominiums, apartments,
houses, lots) either for lease or to sell at a profit when the value goes up. A popular investment
vehicle, real estate can be highly profitable but usually requires a large amount of capital to start
with. Businesses. You can own a business, buy into a franchise, or be a "silent partner" in either.
Your return depends entirely on how profitable the business is, so you'd best be aware of how well
the business is being run. There are many other things to invest in: derivatives, art, jewelry, precious
metals, and so on. Ultimately, only you can decide what the best investment is for you. So pick a
goal, do your due diligence, diversify, and hopefully–profit! What's your preferred investment?
Sound off

The Value Of The Fiat Money
1) People can lose faith in money because if the value becomes questionable, so will the acceptance
of it. Economists believe that the better the fiat money serves as a store of value, the more
acceptable it is. This statement basically means that since fiat money is not backed by anything of
value, its not as easily accepted. Over time, people gradually come to accept the fiat money because
they believe others will accept it also.
2) When the value of money was based on its gold content, new discoveries of gold were followed
by periods of inflation because as the surplus of gold went up, so did the supply of money. When the
supply of money surpasses its equilibrium, we get inflation.
3) A depository institution is a financial institutions such as a savings or commercial bank or credit
union that allows customers to deposit monies. They act as intermediates between borrowers and
savers by bringing together both sides of the money market. They gather amounts from savers and
repackage the funds in to amounts desired by the borrowers. They assume the liability and basically
reduce the transaction costs of channeling savings to creditworthy borrowers.
4) The main powers and responsibilities of the Federal Reserve System are providing financial
services to depository institutions, the U.S. government, and foreign central banks, including
playing a major role in clearing checks, processing electronic payments, and distributing coin and
paper money to the nation 's banks,

Estrada vs Sandiganbayan
SECRECY OF BANK DEPOSITS LAW PEOPLE OF THE PHILIPPINES vs. JOSEPH ESTRADA
AND SANDIGANBAYAN I. Problem Whether the Sandiganbayan erred in holding that the use of
alias by respondent Estrada was not public, was allowable under banking rules, and was an
exception to illegal use of alias punishable under CA 142; in limiting the coverage of the amended
Information in Criminal Case 26565; and in departing from its earlier final finding on the non–
applicability of Ursua v. Court of Appeals II. Objectives 1) To determine if the use of Estrada's alias
violates CA No. 142.and violates the Bank Secrecy Law or RA 1405. 2) To be able to identify the
legal effects and remedies in using of aliases. 3) To be ... Show more content on Helpwriting.net ...
November 17, 2003– the Sandiganbayan denied the Consolidated Comment/Opposition motions.
After the People rested in all three cases, the defense moved to be allowed to file a demurrer to
evidence in these cases. On March 10, 2004 – in a joint resolution of Sandiganbayan they granted
the defense leave to file demurrers in Crim. Case Nos. 26565 (illegal use of alias) and 26905
(perjury). Demurrers to Evidence for Crim. Case Nos. 26565 and 26905 – was filed separately by
Estrada. Estrada's demurrer to evidence for Crim. Case No. 26565 (illegal use of alias) was anchored
on the following grounds: 1. Of the thirty–five (35) witnesses presented by the prosecution, only
two (2) witnesses, Ms. Clarissa Ocampo and Atty. Manuel Curato, testified that on one occasion (4
February 2000), they saw movant use the name "Jose Velarde"; 2. The use of numbered accounts
and the like was legal and was prohibited only in late 2001 as can be gleaned from Bangko Sentral
Circular No. 302, series of 2001, dated 11 October 2001; 3. There is no proof of public and habitual
use of alias as the documents offered by the prosecution are banking documents which, by their
nature, are confidential and cannot be revealed without following proper procedures; and 4. The use
of alias is absorbed in plunder. The People opposed the demurrers of Estrada through a Consolidated

Describe The Balanceet Of The Central Bank
i) Describe the balance sheet of the central bank making clear the composition of its assets and
liabilities.
The central bank is used to engage in the numerous financial transactions it deals with daily. It can
supply currency, provide deposit accounts to the government and commercial banks, make loans,
and buy and sell securities and foreign currency. As a result, this causes changes to the central bank's
balance sheet. The central bank's balance sheet shows three basic assets, which are securities,
foreign exchange reserves, and loans. The securities and foreign exchange reserves are needed so
the central bank can perform its role as being the government's bank. While the loans are a service
to the commercial banks. Before the ... Show more content on Helpwriting.net ...
Discounted loans are loans that the Federal Reserve makes when a commercial bank needs short–
term cash. However, there are several different types of loans that can be issued, and there are times
when the Federal Reserve will issue loans to nonbanks. For example, during 2008 and 2009 the
Federal Reserve had made substantial loans to nonbanks because of the financial crisis.
The central bank's liabilities are also seen in three different forms which are: currency, government
deposit accounts, and deposit accounts of the commercial bank. These can also be divided into
different groups based on their purpose. The currency and government deposit accounts allow the
central bank to perform its role as the government's bank. Currency is used in daily transaction
everywhere, and since it circulates in the hands of the nonbanking public, it is the principal liability
of most central banks. Government accounts are used as a place to deposit the income and used to
pay for the things they buy, it is nearly similar to what people need a deposit account for. The central
bank provides the government an account to deposit their funds, and they can shift their funds
between accounts at commercial banks and the Federal Reserve. Lastly, is the commercial accounts
and contains two parts: one is the deposits at the central bank and the cash in the bank's own vault.
The bank can withdrawal funds from the central bank, and the commercial bank can wire portions of
a deposit accounts

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